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Dec 4, 2012
12/12
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the "fiscal cliff." >> reporter: and they say it's now up to the president to find a plan that can pass both chambers of congress. susan mcginnis, cbs news, washington. >>> time now 4:40. santa comes early for some facing foreclosure. the promise being made to certain people struggling to keep their homes. >> plus the white house's worst fears. what the syrian government may try to do to its people. >> but a beer run gets ugly as fist flies. the suspects and the struggle coming up after the break. clerk got into a fist fightr beer. surveillance video shows a man apparently steag two cases of beer from the s statio >>> a south carolina convenience story lines clerk got into fistfight over a case of beer. a man is shown stealing two cases of beer from the gas station. you see the store employee trying to get it back. they struggle. the beer spills and at one points they raise fists and go at it. police have not caught anyone and the beer was a total loss. >> it looked like it spilled all over the pavement. >> wants his beer back. >>> speaking of beer, sad story. >> hey, guys. looks like we have some rain come again. this
the "fiscal cliff." >> reporter: and they say it's now up to the president to find a plan that can pass both chambers of congress. susan mcginnis, cbs news, washington. >>> time now 4:40. santa comes early for some facing foreclosure. the promise being made to certain people struggling to keep their homes. >> plus the white house's worst fears. what the syrian government may try to do to its people. >> but a beer run gets ugly as fist flies. the suspects...
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Nov 29, 2012
11/12
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less conversation and more on the fiscal cliff. that is my "2 cents more," and that's it for tonight. thank you for joining us. have a great night. we'll see you here tomorrow. ♪ lou: good evening, everybody. more than 200-point swing in the stock market today, but at the end of the days of volatile session the dow jones industrial had a triple digits gain. anxious investors worldwide, however, have been selling stock on concerns about the impending peril of the so-called fiscal cliff. president obama for his part seems utterly unimpressed by market volatility and the consequences of failure to resolve the issues of tax hikes and spending cuts that go into affect the first of the year. as the markets were falling in the first hour of trading this morning, house speaker john maynard stood up and offered support to investors and leaders for the market. stocks stabilized and then began climbing on the speaker's expression of optimism that a deal is within reach. we will take all of that up and more here tonight with bedford open geyser ceo harvey eisen and republicans who have put tax
less conversation and more on the fiscal cliff. that is my "2 cents more," and that's it for tonight. thank you for joining us. have a great night. we'll see you here tomorrow. ♪ lou: good evening, everybody. more than 200-point swing in the stock market today, but at the end of the days of volatile session the dow jones industrial had a triple digits gain. anxious investors worldwide, however, have been selling stock on concerns about the impending peril of the so-called fiscal...
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Dec 2, 2012
12/12
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senator dianne feinstein. on page two, we'll get analysis on where the argument over the fiscal cliff goes. and the consequences if congress fails to get agreement. we'll talk to maya macguineas, head of the campaign to fix the debt. mark zandi of "moody's "analytics. and our own john dicker sen. captioning sponsored by cbs from cbs news in washington, "face the nation" with bob schieffer. >> schieffer: and good morning again. treasurer treasury secretary tim geithner laid out the emotion's opening offer on how to fix the debt. it wasn't what the republicans want to hear. basically geithner said no waw to cut a deal without raising taxes on upper income americans. even though, he said he's optimistic some kind of deal can be reached by the end of the year, and he said 98% of americans will not see a tax rate increase. here's what he told us when we sat down with him. >> i do think we're going to get there because the only thing that stands in the way of an agreement that's good for the economy is if a group of republicans decide they're going to block and increase in tax rates on the wealthiest americans. i think it's unlikely t
senator dianne feinstein. on page two, we'll get analysis on where the argument over the fiscal cliff goes. and the consequences if congress fails to get agreement. we'll talk to maya macguineas, head of the campaign to fix the debt. mark zandi of "moody's "analytics. and our own john dicker sen. captioning sponsored by cbs from cbs news in washington, "face the nation" with bob schieffer. >> schieffer: and good morning again. treasurer treasury secretary tim geithner...
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Dec 6, 2012
12/12
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WUSA
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cliff. groups are holding rallies on capitol hill demanding that congress and the. reach a deal. danielle nottingham has more. >> reporter: lawmakers are getting an earful about why they need to avoid the so- called fiscal cliff. >> you've got to nail this down. uncertainty is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending cuts on the middle class. president obama and house speaker john baner -- john boehner spoke wednesday but publicly are holding firm on their positions. it's made clear the country could go over the cliff if congress fails to come to a agreement. the standoff and the country's skyrocketing debt concerned ryan ryan, so much so that he's the guy in the suit dancing gangnam style with former senator alan simpson. the can kicks back is working to get young people back to fixing the debt crisis. >> we're using humor to hook them in and get them to learn about this issue and understand how it affects their lives. >> reporter: the grass roots campaign wants to sign up more than t
cliff. groups are holding rallies on capitol hill demanding that congress and the. reach a deal. danielle nottingham has more. >> reporter: lawmakers are getting an earful about why they need to avoid the so- called fiscal cliff. >> you've got to nail this down. uncertainty is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending cuts on the middle class. president obama and house speaker john...
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Nov 29, 2012
11/12
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grandchildren. and if it is, even though it's not part of the fiscal cliff discussion, i think we should create a commission that will report back to congress for a vote at the end of the next calendar year. now let's talk about the two toughest elements when it comes to entitlements, medicare and medicaid. medicare and medicaid in ensure that one-third of all americans. they represent about 20% of our budget, and they are a real challenge to us. because untouched, unamended, medicare will run out of money in 12 years. that is scary. because with so many americans who count on it, almost 50 million americans, and the number is growing. yesterday, in america, 10,000 people reached the age of 65. it happened today and it will happen tomorrow. it will happen the next day for 18 years. these people are paid in and fully expects the protection which they have invested in to be there. and it has to be there. so we need to take an honest look at medicare. i happen to believe the paul ryan approach was not the right approach, to say the least. i thought that his idea of premium support capping the amount was put into it would've raised the cost of medi
grandchildren. and if it is, even though it's not part of the fiscal cliff discussion, i think we should create a commission that will report back to congress for a vote at the end of the next calendar year. now let's talk about the two toughest elements when it comes to entitlements, medicare and medicaid. medicare and medicaid in ensure that one-third of all americans. they represent about 20% of our budget, and they are a real challenge to us. because untouched, unamended, medicare will run...
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fiscal cliff. >> i can't believe the hype surrounding the fiscal cliff. this is a mess created by congress. we are asking the same people to clean up this mess and all the others that we keep creating. you know the numbers. congress is spending a trillion dollars more each year than with the treasury brings in. the tax the rich idea brings in about $100 billion. that leaves us still at about 900 billion short of revenues. then what? welcome this past week i saw three balloons. one was to reduce or eliminate the mortgage deduction. other was deductions for attorneys, and the third was to figure out some way to get attacks on your 401k. i bet you that the fuel tax deduction, but that goes away as well. meaning that yr take-home pay in january will be less. don't be shocked. do youthink they would stop
fiscal cliff. >> i can't believe the hype surrounding the fiscal cliff. this is a mess created by congress. we are asking the same people to clean up this mess and all the others that we keep creating. you know the numbers. congress is spending a trillion dollars more each year than with the treasury brings in. the tax the rich idea brings in about $100 billion. that leaves us still at about 900 billion short of revenues. then what? welcome this past week i saw three balloons. one was to...
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Nov 29, 2012
11/12
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with the pressing problems of today. when it comes to the fiscal cliff, the president and congress will either fail together or we will succeed together. there is nothing in between. i am confident that we can pass the test and do what is good and right for the american people. >> the president has been talking a lot about taxes lately, and as acpa who practiced for years and a member of ways and means committee, there is no one who likes to talk about tax more than i do. but let's be honest -- talking about taxes is not going to solve the problem that america faces. we have to turn to the spending side of the ledger. furthermore, his tax proposal will kill about 700,000 jobs and do harm to the economy, again, the wrong direction. i think house republicans have set a fine president -- we passed a framework to address the issue of taxes. fundamental, comprehensive tax reform. pro-growth policies that kickstart the economy rather than hurting the economy. likewise, we have laid out a bipartisan plan to address the drivers of our debt in the spending programs. i think house republicans are
with the pressing problems of today. when it comes to the fiscal cliff, the president and congress will either fail together or we will succeed together. there is nothing in between. i am confident that we can pass the test and do what is good and right for the american people. >> the president has been talking a lot about taxes lately, and as acpa who practiced for years and a member of ways and means committee, there is no one who likes to talk about tax more than i do. but let's be...
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Dec 2, 2012
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off the fiscal cliff and the congress is blaming for inaction. >> it's unacceptable to hold the middle tax cuts hostage simply because they refuse to let the tax rates go up on the wealthiest americans. >> the republicans call this a bait and switch. >> alisyn: we'll debate. >> dave: one massachusetts town rolling out the welcome mat to long islanders for christmas tree lighting after the they refused to budge on the holiday event. the p.c. please. >> should you tip your garbage collector or how about your child's teacher? we have tips for tipping or the barista at starbucks. >> dave: no! sorry, ladies and gentlemen. >> "fox & friends" begins right now. ♪ >> are you supposed to tip the teacher. >> dave: some are, some are not. >> you want to err on the side of tipping and is it too much. do you tip the garbage man or the postal employee. you leave a bunt cake outside. >> alisyn: yes, money. they want money. >> dave: we'll get into it later, but it's tough because it used to be you tip someone for extraordinary service. >> alisyn: right. >> dave: now you just tip someone please
off the fiscal cliff and the congress is blaming for inaction. >> it's unacceptable to hold the middle tax cuts hostage simply because they refuse to let the tax rates go up on the wealthiest americans. >> the republicans call this a bait and switch. >> alisyn: we'll debate. >> dave: one massachusetts town rolling out the welcome mat to long islanders for christmas tree lighting after the they refused to budge on the holiday event. the p.c. please. >> should you...
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Dec 6, 2012
12/12
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CNBC
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that fiscal cliff. in just a few minutes, the president makes his point of the day by visiting a middle class family to talk about tax cuts. >>> and on the hill, some members of congress left d.c. yesterday. we showed you the footage. they're on a long weekend. but key players are still there trying to hammer out a deal. eamon javers is on capitol hill with the latest on the negotiations for us. hi, eamon. >> hi, sue. just within the past couple of minutes here we've had a very high-stakes scuffle on the senate floor over the president's proposal to have unilateral authority to raise the nation's debt ceiling all on his own for the most part. mitch mcconnell, the republican leader, offered up the opportunity for the senate to have a vote on that. democrats said they would love to take him up on that. they say they have the votes to pass it at a 50-vote threshold. just within the past couple of seconds, mcconnell has said, no, in fact what he wants to see is a 60-vote threshold for that. it looks like that's not going to happen today. it almost happened just within the past couple of minutes but now with a 60-vote threshold the democrats don't have the vote to pass the new
that fiscal cliff. in just a few minutes, the president makes his point of the day by visiting a middle class family to talk about tax cuts. >>> and on the hill, some members of congress left d.c. yesterday. we showed you the footage. they're on a long weekend. but key players are still there trying to hammer out a deal. eamon javers is on capitol hill with the latest on the negotiations for us. hi, eamon. >> hi, sue. just within the past couple of minutes here we've had a very...
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Dec 6, 2012
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-inflicted crisis that we're in right now. one we're lamely calling the fiscal cliff. the way republicans in congress and the president solved the debt ceiling crisis was to build this cliff, that we're now supposedly dangling off of. they invented this deadline we're up against. the debt ceiling fight was a disaster, and now republicans, surprise, want to have that fight again. "the new york times" reports that one idea bouncing around the right side of the aisle is this. the republicans will extend tax cuts for the middle class, and then when they need to raise the debt ceiling, quote, demand deep concessions on medicare and social security as a price to raise the debt ceiling. one republican senator reportedly called the debt ceiling the line in the stand. the odds are pretty close to zero that we mint a $1 trillion coin in order to pay off some of the debt. but there's striking movement in the direction of changing the rules so we don't ever have to fight over this completely unnecessary issue ever again. remember, this is important. the debt ceiling isn't about incurring future debt. it's about the
-inflicted crisis that we're in right now. one we're lamely calling the fiscal cliff. the way republicans in congress and the president solved the debt ceiling crisis was to build this cliff, that we're now supposedly dangling off of. they invented this deadline we're up against. the debt ceiling fight was a disaster, and now republicans, surprise, want to have that fight again. "the new york times" reports that one idea bouncing around the right side of the aisle is this. the...
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lot of faith in lawmakers trying to keep us from tumbling off the fiscal cliff. 22 occupation members of congress came in second to last just ahead of car sales people. 8% of the people polled gave car dwreerls a high rating for standards. members of congress received highest parks from just 10% of the surveyed. senators did a bit better. governors ranked 15th. nurses most trusted professionals followed by pharmacists and doctor autos california legislature welcomed it's largest batch of freshman lawmakers. 39 new legislateors sworn in at the state capitol today. joining a session. democrats have a super majority for the first time since 1883 in this state, holding 29 of 40 seats. john perez promised to reach out to republican minority. >> i want to state your krois vois is welcome, contributions desired and active services needed. >> early focus will be on a special session called next month to debate implementing the president's affordable health care achblgt san francisco and peninsula remembering a passionate public servant, mike nevin died of cancer after 27 years as a police inspector he entered
lot of faith in lawmakers trying to keep us from tumbling off the fiscal cliff. 22 occupation members of congress came in second to last just ahead of car sales people. 8% of the people polled gave car dwreerls a high rating for standards. members of congress received highest parks from just 10% of the surveyed. senators did a bit better. governors ranked 15th. nurses most trusted professionals followed by pharmacists and doctor autos california legislature welcomed it's largest batch of...
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Nov 28, 2012
11/12
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up 14. s & p is up 7. >>> 400,000 unemployed californians are also closely watching the fiscal cliff negotiations in washington, d.c. that's because emergency federal unemployment benefits are due to expire december 29, unless congress extends them. in california notices of the possible loss of benefits are in the mail this week. >>> powerball ticket sales are soaring today as the clock ticks down to tonight's drawing of a record jackpot. people all over the country are joining the rush to get rich. the powerball pay off has ballooned to more than $550 million. it's still growing. there are no powerball tickets sold in california. one of eight state that is don't sell powerball tickets. many are are relying on out of state friends to buy them a ticket. others are taking a trip to oregon to buy their chance at the good life. >>> today, a live look outside shows the sun has emerged from behind some of the rain clouds. the break is not expected to last for long. we're tracking the next round of storms and the impact they could have on the commute thursday. thank you for trusting ktvu, channel 2 news. we'll see you the next time news breaks. we're always here for you on ktvu.com and mobile ktvu.com. on your prepaid card? introd
up 14. s & p is up 7. >>> 400,000 unemployed californians are also closely watching the fiscal cliff negotiations in washington, d.c. that's because emergency federal unemployment benefits are due to expire december 29, unless congress extends them. in california notices of the possible loss of benefits are in the mail this week. >>> powerball ticket sales are soaring today as the clock ticks down to tonight's drawing of a record jackpot. people all over the country are...
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Dec 5, 2012
12/12
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debt ceiling issue out of discussions about the fiscal cliff. take a listen. >> if congress in any way suggests they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, i will not play that game. >> congressman, the last time republicans used the debt ceiling for political purposes, the full faith and credit of this nation was downgraded. are they really happy, really happy, in the face of what you've just heard the president say, are they happy to do if again? >> yeah, they have acted irresponsibly. many house republicans have acted like children. they have behaved like children. when children behave containing yously, you take the dangerous toy as way from them. they want to continue on a three-month basis. they have tried to schett down the federal government on a three-month timetable because they don't fundamentally believe the government should help grow the middle class or help small businesses retire people, retain employees, or helping veterans. so we don't think it's a good idea for them to contin
debt ceiling issue out of discussions about the fiscal cliff. take a listen. >> if congress in any way suggests they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, i will not play that game. >> congressman, the last time republicans used the debt ceiling for political purposes, the full faith and credit of this nation was downgraded. are they really happy, really happy, in the face of what you've...
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america's fiscal cliff is getting closer. can congress reach a deal in time to head off huge spending cuts and higher taxes for everybody? treasury secretary timothy geithner discusses potential impacts on the economy as the high stakes political poker game plays out on capitol hill. it's all coming up on abc this week with george stephanopoulos right here on abc7. >>> a san francisco man and his lost service dog are back together this morning. it's a story you will see only on abc7 news. >> good girl! oh, my sweetness! >> we first brought you the story nearly two weeks ago after someone stole his best friend and constant companion from outside the davis medical center. he took lola, a four-year-old yorkshire terrier everywhere, including to his dialysis appointments. his neighbor tracy took up the cause to find lola and got an e-mail yesterday. >> a woman said i found a dog running around lake merit in oakland and i could tell it was probably lost. i brought it home and i think it's your dog. >> thank you everybody so much! >> and it was, indeed, lola. the woman who found the dog cal
america's fiscal cliff is getting closer. can congress reach a deal in time to head off huge spending cuts and higher taxes for everybody? treasury secretary timothy geithner discusses potential impacts on the economy as the high stakes political poker game plays out on capitol hill. it's all coming up on abc this week with george stephanopoulos right here on abc7. >>> a san francisco man and his lost service dog are back together this morning. it's a story you will see only on abc7...
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Nov 29, 2012
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CNNW
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113th congress. so that will put him front and center in the fiscal cliff debate. also earns him a meeting today with the current treasury secretary, tim geithner. cnn's kate ballolduan on capito hill, day 33, eek, 33 days, tim geithner kicking into this process. we would assume possibly pushing into high gear or more of a photo op or a little bit of both? >> reporter: it remains to be seen. i hate having to say that for our viewers, but we're waiting to hear exactly what comes out of these meetings. important, nonetheless, because these are face-to-face meetings with principle players, timothy guide next the treasury secretary, tapped by the president to be the point person to spearhead the negotiations with congress over these fiscal cliff negotiations. we had had a brief shot of him arriving this morning as he was coming into the capitol. he's being joined by rob neighbors, the white house liaison to congress. he's a man that has long standing relationships with folks on capitol hill. series of meetings, all individual meetings, senator reid, told by my colleagues he's in a meet
113th congress. so that will put him front and center in the fiscal cliff debate. also earns him a meeting today with the current treasury secretary, tim geithner. cnn's kate ballolduan on capito hill, day 33, eek, 33 days, tim geithner kicking into this process. we would assume possibly pushing into high gear or more of a photo op or a little bit of both? >> reporter: it remains to be seen. i hate having to say that for our viewers, but we're waiting to hear exactly what comes out of...
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process to averting the fiscal cliff. republicans must act now to prevent a tax increase for households earning less than $250,000. do that now, president obama said, and he and congress can work out the details of spending cuts later. ( applause ) before a crowd of supporters, the white house invited from the mid-atlantic region, president obama put congressional republicans on notice. >> it's too important for washington to screw this up. now is the time for us to work on what we all agreed to, which is lets keep middle class taxes low. that's what our economy needs. that's what the american people deserve. gd if we get this part of it right, then a lot of the other issues surrounding deficit reduction in a fair and balanced, responsible way are going to be a whole lot easier. >> reporter: white house officials say mr. obama is not interested in personally meeting with congressional republicans because those meetings did little to resolve the 2010 debt ceiling crisis. but when mr. obama later skipped congressional meetings and campaigned to extend the 2% payroll tax cut and maintain lower student loan interest rates, he won. the president is primarily focused on step on
process to averting the fiscal cliff. republicans must act now to prevent a tax increase for households earning less than $250,000. do that now, president obama said, and he and congress can work out the details of spending cuts later. ( applause ) before a crowd of supporters, the white house invited from the mid-atlantic region, president obama put congressional republicans on notice. >> it's too important for washington to screw this up. now is the time for us to work on what we all...
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Dec 5, 2012
12/12
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gone very far and there are just 27 days before that so-called fiscal cliff. that's the package of tax increases for most americans and budget cuts that will hit automatically unless the white house and congress find a gentler way to solve the crisis in the federal budget. here's how treasury secretary tim geithner put it on cnbc. >> is the administration prepared to go over the fiscal cliff? >> absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans. ren, it's only 2%. >> pelley: by 2%, he means individuals making more than $200000 and couples taking in 250,000 or more. republicans say rates shouldn't be increased on anyone. with no agreement, going over the fiscal cliff would be painful. the automatic tax increases break down like this: households making $20,000 to $4,000 would see an increase in $1,200 a year. incomes $40,000 to $64,000 would see taxes rise $2,000 and in the $64,000 to $108,000 bracket taxes go up $3,500 a year. mr. obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, ther there a code of silence the white house and
gone very far and there are just 27 days before that so-called fiscal cliff. that's the package of tax increases for most americans and budget cuts that will hit automatically unless the white house and congress find a gentler way to solve the crisis in the federal budget. here's how treasury secretary tim geithner put it on cnbc. >> is the administration prepared to go over the fiscal cliff? >> absolutely. there's no prospect to an agreement that doesn't involve those rates going...
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just seem to go on and on talking about the fiscal cliff? well, i know that's important. mr. speaker, it is time for congress to realize that we are having young men and women to die in afghanistan for a failed policy that will not change one thing. mr. speaker, before closing, i make reference to this poster of a young american in a casket being carried by his colleagues to be buried. please, american people, put pressure on congress to bring our troops home now and not wait until december, 2014. i ask god to please bless our men and women in uniform, to please bless the loved ones who lost those in iraq and afghanistan. please, god, help get our troops home now and not later. i yield back. the speaker pro tempore: the chair recognizing the gentleman from oregon, mr. blumenauer, for five minutes. mr. blumenauer: mr. speaker, mitt romney weathered a storm of criticism late in the campaign after hurricane sandy for his earlier comments about privatizing fema and turning responsibility back to state and local governments. but during an era of fiscal restraint and global warming, it's high time that we start this
just seem to go on and on talking about the fiscal cliff? well, i know that's important. mr. speaker, it is time for congress to realize that we are having young men and women to die in afghanistan for a failed policy that will not change one thing. mr. speaker, before closing, i make reference to this poster of a young american in a casket being carried by his colleagues to be buried. please, american people, put pressure on congress to bring our troops home now and not wait until december,...
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Nov 29, 2012
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evening, once again. 34 days now until the so called fiscal cliff occurs. taxes will go upgv[; $2200 come january 1 ask both parties say they're open to compromise. the president says social media gets the message across. >> members of congress, write ask e mail. posted on the facebook walls. you can tweet it. using hash tag my 2 k. not y 2 k. my 2 k. >> one of the small business owners yesterday is the co-founder of oakland organic mushroom company called back to the roots. >> in washington, d.c. there is going to be-to-have to be things that are cut to provide stories for them to take back as proof. why this is important for small businesses to be the last things cut. they're the fabric of the country and economy. so want to stress that to them. how important this has been for us and others too. >> he admits the small business benefited from incentive programs. now they have 31 employees. >> new jersey governor says super storm sandy caused $37 billion in damage to his state saying 30,000 homes or businesses were destroyed or sustained damage. he's requesting $37 billion from the federal government. >> and a new un climate change report out says sea level could be prizing -- rising faster than thought. that is especially troublin
evening, once again. 34 days now until the so called fiscal cliff occurs. taxes will go upgv[; $2200 come january 1 ask both parties say they're open to compromise. the president says social media gets the message across. >> members of congress, write ask e mail. posted on the facebook walls. you can tweet it. using hash tag my 2 k. not y 2 k. my 2 k. >> one of the small business owners yesterday is the co-founder of oakland organic mushroom company called back to the roots....
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Dec 6, 2012
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if congress does not reach an agreement on the fiscal cliff would force the pentagon to slice about 10% of the budget. the defense industry projects one in five defense contracts in california would be lost. the aerospace industry is projecting that 135,000 department jobs would be cut along with 90,000 jobs for a total of about 225,000 jobs lost in california over the next few years. alison burns, ktvu channel 2 news. >>> 8:16. well, today will mark the 9 oth annual lighting of the national christmas tree. president obama and his family, they will flip a switch lighting that tree this evening. neil patrick harris, remember doogie howser? he will be hosting the event. james taylor and the fray will be among the group of perform. president calvin coolidge started this tradition back in 1923. >>> well, free flu shouts are offered for all bay area youth between the ages of 4 and 18 at pharmacies at most local target stores. the paige family foundation set up by larry paige and his wife, they are paying for those flu shots. the adults often get immunized at work. this program makes it e
if congress does not reach an agreement on the fiscal cliff would force the pentagon to slice about 10% of the budget. the defense industry projects one in five defense contracts in california would be lost. the aerospace industry is projecting that 135,000 department jobs would be cut along with 90,000 jobs for a total of about 225,000 jobs lost in california over the next few years. alison burns, ktvu channel 2 news. >>> 8:16. well, today will mark the 9 oth annual lighting of the...
SFGTV2: San Francisco Government Television
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Dec 3, 2012
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concerns of other social safety net as our congress is on the fiscal cliff and we're all bracing for hopefully good things to happen, as they've been happening in our world class city. so, i want to again thank salvation army for helping us be the world class city that we are, giving ourselves the world class heart that we always have. so, happy thanksgiving, everybody, and let's get to these nude turkeys. [laughter] (applause) >> thank you very much, mr. mayor. and thank you so much for being here. you can carve while i do some more talking here. if you'll pay attention to the marvelous things they're doing with the turkey carving. we have 6,000 pounds of turkey here, believe it or not, 1400 pounds of green beans, 1600 pounds of yams. it's been cooking for 4-1/2 days around the clock back in that lovely little kitchen of ours. and all that work did not disrupt the usual activities, 360 meals, 400 sandwiches for homeless people. they're still baking the brownies cakes and cookies. 300 delivery routes, 500 volunteers, 6100 meals to seniors and shut-ins. the meal, roasted turkey with s
concerns of other social safety net as our congress is on the fiscal cliff and we're all bracing for hopefully good things to happen, as they've been happening in our world class city. so, i want to again thank salvation army for helping us be the world class city that we are, giving ourselves the world class heart that we always have. so, happy thanksgiving, everybody, and let's get to these nude turkeys. [laughter] (applause) >> thank you very much, mr. mayor. and thank you so much for...
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Nov 30, 2012
11/12
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"fiscal cliff" to members of congress. the $4trillion plan includes $1.6 trillion in new taxes on upper income americans. $400billion in cuts to medicare and other entitlement programs. $50billion in stimulus spending and the end of congressional control over the debt ceiling. both sides remain at a standoff over the issue of raising taxes on higher income earners. but the president said he will not sign any bill that does not include higher taxes for top earners. the white house is calling this proposal an opening bid but house speaker john boehner says no real progress is being made to reach a deal. could be an interesting day for us on wall street. >> i guess. they have a month to figure that out. in the meantime though there's a secret santa. i guess santa decide to do a little early work in the tri- state area, right? >> reporter: that's right. a so-called secret santa is giving away $100,000 in $100 bills to victims of superstorm sandy. a missouri man declined to reveal his name but he is carefully selecting his stops in new jersey and new york to avoid the mob scenes. he says it'
"fiscal cliff" to members of congress. the $4trillion plan includes $1.6 trillion in new taxes on upper income americans. $400billion in cuts to medicare and other entitlement programs. $50billion in stimulus spending and the end of congressional control over the debt ceiling. both sides remain at a standoff over the issue of raising taxes on higher income earners. but the president said he will not sign any bill that does not include higher taxes for top earners. the white house is...
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Nov 28, 2012
11/12
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the fiscal cliff, those that kick in at the end of the month. now, investors grow increasingly worried about whether congress should be able to avert the crisis. democrats and republics are deadlocked on a range of issue including the president's plan to raise taxes. republicans say the proud should quit campaigning. >> he's back on the campaign trail, presumably doing what we're all familiar with. >> so to suggestion that we should -- now that the election is over stop talking to them about these vital issues, i think is bad add -- bad advice. >> reporter: reporting live from washington, d.c. alison burns, ktvu channel 2 news. >>> 400,000 unemployed californians are closely watching the fiscal cliff. that's because benefits are due to expire december 29th unless congress extends them. >>> well, texas city leaders are asking for advanced warning in the event same-sex becomes formally legalized. this coming friday, the u.s. court will decide whether to review the challenge to prop 8. california's voter apressured ban on gay marriage. now, if the high court refusing to -- refuses to hear the case, the earlier ruling
the fiscal cliff, those that kick in at the end of the month. now, investors grow increasingly worried about whether congress should be able to avert the crisis. democrats and republics are deadlocked on a range of issue including the president's plan to raise taxes. republicans say the proud should quit campaigning. >> he's back on the campaign trail, presumably doing what we're all familiar with. >> so to suggestion that we should -- now that the election is over stop talking to...
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Dec 4, 2012
12/12
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congress and find a solution to avert the fiscal cliff. >> reporter: and they say it's now up to the president to find a plan that can pass both chambers of congress. so now that each side has rejected the other's first offer, it's going to be interesting and important to watch the timing of the next offer on the part of the white house to really try to figure out, terrell, how far both sides are willing to take us toward that cliff. >> and which side has the edge at this point. susan mcginnis in washington this morning. thank you so much. >>> iran says this morning it's captured a united states drone flying over iranian air space. the drone was reportedly gathering information over the persian gulf when it was captured by iranian naval units. in 2011, iran brought down a cia drone. >>> at the united nations, the general assembly approved the resolution that calls on israel to open its nuclear facilities for inspection. the resolution calls on israel to join the nuclear nonprolivelation treaty. it's widely believed israel has a nuclear arsenal, but the israelis have never confirmed or denied they had nuclear weapons. >>> the u.s. is considering milita
congress and find a solution to avert the fiscal cliff. >> reporter: and they say it's now up to the president to find a plan that can pass both chambers of congress. so now that each side has rejected the other's first offer, it's going to be interesting and important to watch the timing of the next offer on the part of the white house to really try to figure out, terrell, how far both sides are willing to take us toward that cliff. >> and which side has the edge at this point....
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Dec 5, 2012
12/12
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president and congress will reach an agreement on the fiscal cliff by the end of the year. >> they both have this position that they are not willing to back down from. i don't think they will reach it. >> i'm hoping and praying that they do come together. >> i think this is all kind of a shadow dance that's going on and i'm not sure exactly what's going on in the background. but i think the whole fiscal cliff is wildly exaggerated. >> a pew washington post poll shows more americans think the president and congress will not come to an agreement on how to avoid the fiscal cliff by the end of the year. 49% to 40%. >>> although the nhl season is still on ice, hockey will return to the hp pavilion in san jose. that's because the minor league will play a game december 17th there. they will take on the stockton thunder. the sharks say their season ticketholders can receive complimentary passes. there's still -- complementary passes. >>> 8:19. who is the most overpaid actor in the world? well, "forbes" magazine says it's eddie murphy. they list murphy at the top of the 2012 list of the most ove
president and congress will reach an agreement on the fiscal cliff by the end of the year. >> they both have this position that they are not willing to back down from. i don't think they will reach it. >> i'm hoping and praying that they do come together. >> i think this is all kind of a shadow dance that's going on and i'm not sure exactly what's going on in the background. but i think the whole fiscal cliff is wildly exaggerated. >> a pew washington post poll shows...
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Dec 5, 2012
12/12
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off the fiscal cliff would impact them. today we went to congress, and we delivered those stories, in fact, to every member of congress saying don't put us in an un-bear-able situation. don't throw moms and families off a fiscal cliff. we need to act quickly to fix this situation for women and families and to end the bush era tax cuts for the wealthy so that those folks around the country don't end up paying more than their fair share. >> all right. what can both sides do here, because they're obviously at an impasse, and you say you don't want the taxes to go up for the wealthiest americans. what are youotology give up to make sure that everybody is contributing their fair share? >> i think the first thing that each and every member of congress has to do is listen to their constituents wrrn it's important to note that families are struggling. having a fiscal cliff situation, going on inside the beltway, has a rippling reprecussions for people outside the beltway. we heard stories from people like ruthy who shared with us that her husband is a small business owner. he runs a catering
off the fiscal cliff would impact them. today we went to congress, and we delivered those stories, in fact, to every member of congress saying don't put us in an un-bear-able situation. don't throw moms and families off a fiscal cliff. we need to act quickly to fix this situation for women and families and to end the bush era tax cuts for the wealthy so that those folks around the country don't end up paying more than their fair share. >> all right. what can both sides do here, because...
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Dec 3, 2012
12/12
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reaches bipartisan compromise. don't send us over the fiscal cliff. do the right thing. be statesmen. reach a compromise. >> politico put some meal suggestions. this gives a perspective. for this food stamp budget you can get one sandwich two two slices of store brand bread. two slices of cheese. that's $1.24. another option is seven ounz frozen fried fish plank. what's your reaction was when you did this from your constituents and what purpose does it serve for somebody like you or cory booker to do this? >> i got a lot of kudos for doing it. i admire mayor booker for taking on this challenge. don't give us too many can you dose. we only did it for a week. there are a lot of false stereotypes about people living in food stamps. that's not fair. that's not my experience. these are hard-working people. they don't want to be on food stamps. they want to get back into a job where they don't have to live on food stamps. any negative stereotypes should be put by the wayside. if you care about people and kids living on food stamps give money to your local food banks so they can supplement
reaches bipartisan compromise. don't send us over the fiscal cliff. do the right thing. be statesmen. reach a compromise. >> politico put some meal suggestions. this gives a perspective. for this food stamp budget you can get one sandwich two two slices of store brand bread. two slices of cheese. that's $1.24. another option is seven ounz frozen fried fish plank. what's your reaction was when you did this from your constituents and what purpose does it serve for somebody like you or cory...
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Dec 5, 2012
12/12
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congress on the fiscal cliff. hear the new proposal from congressman paul ryan and senator mark rubio. >> steve: will he work with the liberal media. president obama extends extra special invites for sit down with liberal gabbers. >> brian: he is one of america's favorite coach. his career almost ended early and fans had no idea. the coach revealed something for the very first time. by the way. "fox and friends" starts now. ♪ ♪ "fox and friends". >> steve: you must be conflicted today. >> brian: in what way? >> steve: we have coach k on and any time we have peitro, the super model who has been a friend of your manies, many years. >> brian: i am looking forward to nick rangon. >> gretchen: you will have to duke me out for it then. >> brian: you start with him in 10 minutes. >> gretchen: you want to trade coach for nick it will coach you. >> brian: and edrolins to be named later. >> gretchen: and i always like rolins. >> brian: pet up with us. she was a young super model. >> gretchen: does she know she was off your list. >> brian: not a world. can we agree as well that is our secret
congress on the fiscal cliff. hear the new proposal from congressman paul ryan and senator mark rubio. >> steve: will he work with the liberal media. president obama extends extra special invites for sit down with liberal gabbers. >> brian: he is one of america's favorite coach. his career almost ended early and fans had no idea. the coach revealed something for the very first time. by the way. "fox and friends" starts now. ♪ ♪ "fox and friends". >>...
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serious proposal. >> the president may have the upper hand because the fiscal cliff tops allow him to back the opposition into a corner by framing this as republicans raising taxes. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. that is sort of like a lump of coal you get for christmas. >> congressional democrats operating like they don't have to compromise on spending or taxes. >> elections have consequences. the president campaigned, made it very clear. made very clear that he was supporting tax cuts for the middle-class, that he wanted the expiration of the tax cuts for the high end. >> very little progress among the inside player so far, the president plans to keep pressuring republicans from the outside. meeting with the nation's governors on tuesday and then addressing the business roundtable on wednesday. lou: thank you. ed henry, fox news chief white house correspondent. joining me now, a pulitzer prize-winning journalist, campaign strategists, former reagan political director of, veteran democratic campaign strategists. we thank you all for being here. let's turn, if i may, to you. this is an impasse, a s
serious proposal. >> the president may have the upper hand because the fiscal cliff tops allow him to back the opposition into a corner by framing this as republicans raising taxes. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. that is sort of like a lump of coal you get for christmas. >> congressional democrats operating like they don't have to compromise on spending or taxes. >> elections have...
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Nov 29, 2012
11/12
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about a month away from tumble over the "fiscal cliff" but in washington signs of movement among lawmakers. cbs reporter danielle nottingham on how the president is holding their feet to the fire. >> reporter: president obama is enlisting middle class americans to pressure congress to back away from the "fiscal cliff." >> when the american people speak loudly enough, lo and behold congress listens. >> reporter: he will take his case on the road friday and is asking the public to join a twitter campaign calling on lawmakers to renew tax cuts for families making less than $250,000 a year without delay. >> he is campaigning for his position. i get it. we understand it. but at the end of the day he has to lead on this issue. >> reporter: while congressional leaders meet behind closed doors, some of the biggest names in corporate america are here on capitol hill meeting with lawmakers pushing for solutions. former tennessee governor phil bredesen told lawmakers everything needs to be on the table. >> i think there's a broad recognition it has to be both revenue and serious work on entitlements to make it happen. >> reporter: taxes are still the main sticking point. while president obama wants tax cuts to expire for the wealthiest americans, most republicans don't. behin
about a month away from tumble over the "fiscal cliff" but in washington signs of movement among lawmakers. cbs reporter danielle nottingham on how the president is holding their feet to the fire. >> reporter: president obama is enlisting middle class americans to pressure congress to back away from the "fiscal cliff." >> when the american people speak loudly enough, lo and behold congress listens. >> reporter: he will take his case on the road friday and...
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Dec 5, 2012
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from members of the business round table, amid a debate over the fiscal cliff. the group is urging congress to take immediate action to avoid those automatic tax increases and spending cuts come january. president obama is saying that with the way speaker boehner plan stands now, no deal. >> unfortunately the speaker's proposal is out of balance. we will have to see the rates on the top 2% go up and we are not going to be able to get a deal without it. >> that was an exclusive with bloomberg t.v. and the first televised interview since the president's re-election. as you heard, taxes are the big issue blocking this deal from taking place. president obama is calling for downhill the amount of tax revenue as speaker boehner over the next tens years, most from the nation's top earners. many. republicans say that's not the way to handle this. here is marco rubio. >> it wouldn'ting make a small bent in the debt but it would heard middle class businesses. >> the g.o.p. could be risking a civil war over this issue. it does not look like obama is ready to cave. if that forces republican leaders to com
from members of the business round table, amid a debate over the fiscal cliff. the group is urging congress to take immediate action to avoid those automatic tax increases and spending cuts come january. president obama is saying that with the way speaker boehner plan stands now, no deal. >> unfortunately the speaker's proposal is out of balance. we will have to see the rates on the top 2% go up and we are not going to be able to get a deal without it. >> that was an exclusive with...
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Dec 1, 2012
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away from falling off the so-called fiscal cliff. president obama says is he ready to act. >> there are no shortage of pens in the white house. and i carry one around for an emergency just in case. >> here is the thing, will congress sign on the president's budget proposal all about more taxes and spending some folks say? >> and frosty and santa are front and center. why is one school in florida hiding baby jesus in the closet? the war on christmas is back, clayton. it's back. >> say it ain't so, joe. first the twinkie, now bazooka joe, juliet. >> no, no, no. >> after 60 years, say good by to bazooka joe. >> nobody will miss that horrible gum. >> it's amazing. >> how could you say it's bad? >> it can good gum. debating the merits of the gum. "fox & friends" in for juliet huddy. the gum that used to come in the tops cards. remember how terrible that stuff was. >> once you get past the stale and hard rock like substance it turns into a flavorful. >> i agree it is delicious. >> more on that plus ugly christmas sweaters this morning. county guys from ugly christmas sweater party.com top. i think they can. i brought mine this morning. >> it's not only ugly it has the v neck. >> good point. >> extra level of ugliness. >> sen
away from falling off the so-called fiscal cliff. president obama says is he ready to act. >> there are no shortage of pens in the white house. and i carry one around for an emergency just in case. >> here is the thing, will congress sign on the president's budget proposal all about more taxes and spending some folks say? >> and frosty and santa are front and center. why is one school in florida hiding baby jesus in the closet? the war on christmas is back, clayton. it's...
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with congress over the fiscal cliff. but a choice for his cabinet may come at the end of this month. and his choice may be a surprising one. we're talking about the top spot for the defense department. >> reporter: we were talking that the president probably next week who he would like to go to the state department. but maybe he's going to do a package deal next week. state department nominee, as well as defense department nominee. and there could be a couple of surprises here. these are the names we've been hearing over the last couple weeks. one is interesting. chuck hagel, a former senator. he's a republican. also, john kerry, currently in the senate. michelle flournoy. hagel would be an interesting pick. if he picks hagel, a republican, that takes some of the heat off of susan rice to be nominated as secretary of state. she's had a tough time on capitol hill talking to republicans. if you get a package deal, a republican and a democrat, that you're nominating from the president. what are senators going to do, but take both of them? we're hearing, if the president wants susan ric
with congress over the fiscal cliff. but a choice for his cabinet may come at the end of this month. and his choice may be a surprising one. we're talking about the top spot for the defense department. >> reporter: we were talking that the president probably next week who he would like to go to the state department. but maybe he's going to do a package deal next week. state department nominee, as well as defense department nominee. and there could be a couple of surprises here. these are...
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Nov 29, 2012
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crepts more on what members of congress focus on rather than the fiscal cliff. here's a clue. ♪ [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scttrader streaming quotes. it's another reaso more investors are saying... [ all ] i'm with scottrade. ♪ gerri: president obama's says he is confident a deal on the fiscal cliff can be reached b christmas. both sides seem so far off. even among senate democrats, there are deep divisns over whether to include cuts to medicare or medicaid. intel not reform, should it be part of the fiscal cliff talks? here is what some of you are tweeting me. if there is not entitlement reform and we are not backing away from the cliff, we are really doing the tango dane along theedge. randy degrees. you have to curb them to bring in spending. here
crepts more on what members of congress focus on rather than the fiscal cliff. here's a clue. ♪ [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scttrader streaming quotes. it's...
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Nov 28, 2012
11/12
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FBC
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reform be part of the fiscal talks, and my two crepts more on what members of congress focus on rather than the fiscal cliff. here's a clue. ♪ [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated suppor teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information y want when you need it. it's anothereason more invtors are saying... [ all ] i'm with scottrade. well, having a ton of locations don't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announr ] break from the holiday stress. fedex office. ♪ gerri: president obama's says he is confident a deal on the fiscal cliff can be reached by christmas. both sides seem so far off. even among senate democrats, there are deep divisions over whether to include cuts to medicare or medicaid. intel not reform, should it be part of the fiscal
reform be part of the fiscal talks, and my two crepts more on what members of congress focus on rather than the fiscal cliff. here's a clue. ♪ [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated suppor teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the...
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Dec 5, 2012
12/12
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taxes on the wealthy to help deal with the so called fiscal cliff. ktvu's rita williams reports on the court of public opinion and why it may not be enough. >> reporter: what do you think? will the president in congress send the country plunging over the fiscal cliff. >> i don't think they'll reach it. i don't know what they will do then. >> i am hoping and praying they do. come together. >> i am hoping it will be by the end of the year. >> do you think they will reach an agreement or not? >> i don't. >> reporter: a poll shows more americans think they will not agree. 49 to 40%. and if they don't an automatic spending cuts and tax increases take effect. americans by two to one say they will blame republicans more than the president. but that didn't stop both sides from criticizing the others proposals. >> his proposal was so outlandish, i don't think we should go back to the table until he puts something there that we can work there. >> when you look at the map it doesn't work. >> reporter: an attempt take place in january. >>> we want to ask him about a homicide. >>> live storm tracker 2 picking up showers showing up around the golden gate bridge. when we come back we'll track those and get into showers
taxes on the wealthy to help deal with the so called fiscal cliff. ktvu's rita williams reports on the court of public opinion and why it may not be enough. >> reporter: what do you think? will the president in congress send the country plunging over the fiscal cliff. >> i don't think they'll reach it. i don't know what they will do then. >> i am hoping and praying they do. come together. >> i am hoping it will be by the end of the year. >> do you think they will...
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Dec 5, 2012
12/12
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KICU
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so called fiscal cliff. ktvu's rita williams reports on the court of public opinion and why it may not be enough. >> reporter: what do you think? will the president in congress send the country plunging over the fiscal cliff. >> i don't think they'll reach it. i don't know what they will do then. >> i am hoping and praying they do. come together. >> i am hoping it will be by the end of the year. >> do you think they will reach an agreement or not? >> i don't. >> reporter: a poll shows more americans think they will not agree. 49 to 40%. and if they don't an automatic spending cuts and tax increases take effect. americans by two to one say they will blame republicans more than the president. but that didn't stop both sides from criticizing the others proposals. >> his proposal was so outlandish, i don't think we should go back to the table until he puts something there that we can work there. >> when you look at the map it doesn't work. >> reporter: an attempt take place in january. >>> we want to ask him about a homicide. >>> live storm tracker 2 picking up showers showing up around the golden gate bridge. when we come back we'll track those and get into >>> foll
so called fiscal cliff. ktvu's rita williams reports on the court of public opinion and why it may not be enough. >> reporter: what do you think? will the president in congress send the country plunging over the fiscal cliff. >> i don't think they'll reach it. i don't know what they will do then. >> i am hoping and praying they do. come together. >> i am hoping it will be by the end of the year. >> do you think they will reach an agreement or not? >> i...
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Dec 1, 2012
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KQED
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congress is focused on the fiscal cliff. but for some classes, it's been orientation time. that's when new senators learn their way around the capitol. among them is 32-year-old eric swalwell, an alameda county assistant d.a., he defended a fellow democrat in the district stretching from hayward to dublin. i spoke to swalwell earlier this evening from capitol hill. >> congressman eric swalwell, thanks for joining us. >> happy to be here. >> you've been to orientation for a couple weeks. what have you learned? >> this is the end of the second week of orientation. i was here right after the election. now we know where our office is going to be, we've hired staff and i've learned how the house floor proceedings worked, you know, how we can best represent the people in the 15th congressional district. we have a lot of ideas i learned in the campaign, and now we know where to take those ideas, how to make them go through the legislative process and get them on the floor, so hopefully my colleagues and i can work together to help the folks who sent me here. >> you're not a stranger to t
congress is focused on the fiscal cliff. but for some classes, it's been orientation time. that's when new senators learn their way around the capitol. among them is 32-year-old eric swalwell, an alameda county assistant d.a., he defended a fellow democrat in the district stretching from hayward to dublin. i spoke to swalwell earlier this evening from capitol hill. >> congressman eric swalwell, thanks for joining us. >> happy to be here. >> you've been to orientation for a...
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Nov 28, 2012
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today. when it comes to the fiscal cliff, the president and congress will either fail together orwell succeed together. there's -- or we'll succeed together. i'm confident we can pass the test and do what's good and right for the american people. >> the president's been talking a lot about taxes lately, and as a c.p.a. who practiced tax for years and a member of the ways and means committee, there's no one who likes to talk about tax more than i do. but let's be honest. talking about taxes is not going to solve the problem that america faces. we have to turn to the spending side of the ledger. and furthermore, his tax proposal will kill about 700,000 jobs and do harm to the economy. again, the wrong direction. i think house republicans have set a fine precedent. four months ago we passed a framework to address the issue of taxes. fundamental, comprehensive tax reform. pro-growth policies that kick-start the economy rather than hurting the economy. likewise, we have laid out a -- >> house republican leaders after their meeting this morning. we'll show you that in just a bit. also in ou
today. when it comes to the fiscal cliff, the president and congress will either fail together orwell succeed together. there's -- or we'll succeed together. i'm confident we can pass the test and do what's good and right for the american people. >> the president's been talking a lot about taxes lately, and as a c.p.a. who practiced tax for years and a member of the ways and means committee, there's no one who likes to talk about tax more than i do. but let's be honest. talking about...
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fiscal cliff deadline looms large can progress as in congress protect the millions of jobless americans but also for seeing the wealthy elite to pay their fair share in taxes will ask incoming congressman alan grayson florida's ninth congressional district also the reporters out revealing the sea levels around the world are rising faster than previously thought after a point in a climate change denier to a top committee in congress are republicans still planning to ignore the obvious and later in the show we'll have a your take my take a live segment your chance to call in and ask a question or make a comment live on the air. you need to know this the so-called fiscal cliff nears which means it's time for republicans to take some hostages there were signs earlier this week that republicans may be willing to cave in on the bush tax cuts for the rich when congressman tom cole called on his party his republican party to take president obama's deal and extend tax cuts for ninety eight percent of americans while letting them expire for the top two percent. that deal was nixed by speaker john
fiscal cliff deadline looms large can progress as in congress protect the millions of jobless americans but also for seeing the wealthy elite to pay their fair share in taxes will ask incoming congressman alan grayson florida's ninth congressional district also the reporters out revealing the sea levels around the world are rising faster than previously thought after a point in a climate change denier to a top committee in congress are republicans still planning to ignore the obvious and later...
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Dec 5, 2012
12/12
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KPIX
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"fiscal cliff." they could lose funding if there's not a plan to stop automatic cuts. the dow was down 14 closing below 13,000. the nasdaq was down 5.5 points. the s&p 500 lost 2. >>> it's pay back time for a bay area politician accused of using his procurement card like a personal slush fund. santa clara county board president george shirakawa has been ordered to immediately repay nearly $13,000 in charges. that's after a scathing internal audit found he had been billing taxpayers for things like golf fees and rental car upgrades. shirakawa says he will return most of the money but is challenging some of the charges. >>> on the bay area watch san jose police are looking for the owners of 300 marijuana plants found this morning. it started as a robbery call on the east side of town. but when the officers got to this house, they found an elaborate grow operation but nobody living there. the estimated street value of the pot is about $125,000. >>> a house fire in petaluma lit up the night when firefighters arrived smoke and flames already shooting from the windows of a home on satur
"fiscal cliff." they could lose funding if there's not a plan to stop automatic cuts. the dow was down 14 closing below 13,000. the nasdaq was down 5.5 points. the s&p 500 lost 2. >>> it's pay back time for a bay area politician accused of using his procurement card like a personal slush fund. santa clara county board president george shirakawa has been ordered to immediately repay nearly $13,000 in charges. that's after a scathing internal audit found he had been...
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Nov 28, 2012
11/12
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KNTV
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wary about the fiscal cliff and they're showing their concern on wall street. we turn to bertha coombs live at cnbc world headquarters. good morning, bertha. >> good morning. last week, markets were kind of bland because congress was out of town. they came back, started talking about the fiscal cliff, and we see markets yesterday sort of take a bit a nose-dive. particularly after those comments from harry reed when he said it was time to stop the happy talk in his words. that overshadowed a lot of positive news that came in in the morning in terms data home prices, consumer confidence. we'll get data this morning on new home sales and a report from the fed on regional economic conditions. the dow after those comments from harry reid falling 89 points. and some changes in -- hopefully they can find their way there. apple has reportedly fired the executive in charge of developing the map software. rich williamson has left the come. he oversaw the app that was included in the new software and preinstalled on the new iphone 5. critics and consumers have complained the app is inferior. with apple preparing a new app for the iphone, seems apple wants to get its act together on its own map so it can retain that on the io
wary about the fiscal cliff and they're showing their concern on wall street. we turn to bertha coombs live at cnbc world headquarters. good morning, bertha. >> good morning. last week, markets were kind of bland because congress was out of town. they came back, started talking about the fiscal cliff, and we see markets yesterday sort of take a bit a nose-dive. particularly after those comments from harry reed when he said it was time to stop the happy talk in his words. that...
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Nov 29, 2012
11/12
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KTVU
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does not take action to stop them. going over the fiscal cliff could trigger a recession, some say. >>> mitt romney was at the white house earlier today for a lunch meeting with president obama. his invitation keeps the promise he made when he declared victory on election night to talk with the gop candidate about areas where they have common interests. the two were to talk over lunch in the white house private dining room. the president's press secretary said the president didn't have any particular agenda, and it was closed to the media. >>> out of service. we were hear when police tested this emergency phone. we'll show you what happened and tell you why this phone is just part of a larger problem. >>> more specifics on when the next storm arrives in your neighborhood and how much rain it will bring. >>> as the dump truck continued forward, it hit nine other vehicles, so 11 vehicles totaled. >> a truck crashed in the east bay. the simple explanation for what caused it. >>> an unusual accident involving a big rig. the truck driver said he had a sneezing fit while behind the wheel
does not take action to stop them. going over the fiscal cliff could trigger a recession, some say. >>> mitt romney was at the white house earlier today for a lunch meeting with president obama. his invitation keeps the promise he made when he declared victory on election night to talk with the gop candidate about areas where they have common interests. the two were to talk over lunch in the white house private dining room. the president's press secretary said the president didn't...
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Dec 3, 2012
12/12
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MSNBCW
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the fiscal cliff. that would allow tax rates to rise on everybody. then congress could come back after the new year and cut taxes on everyone but the wealthy. nbc's mike viqueira has the story. >> reporter: administration optimism for a deal. but only if republicans give in on raising rates for the wealthy. >> you think we'll get a deal by the end of the year? >> i do. the only thing that stands in the way of a deal right now is if a group of republican members decide they're going to block the deal because they want to extend tax cuts. we can't afford for the wealthiest 2% of americans. >> reporter: john boehner dug in. no rate rises on anyone. >> the president's idea of a negotiation is roll over and do what i ask. >> reporter: the opening bid brought the gop leaders by geithner is a nonstarter. >> i was flabbergasted. i looked at him and said, you can't be serious. >> reporter: included in the offer, $1.6 trillion in new revenue, twice what was on the table in last year's failed grand bargain, and $600 billion in spending cuts, much of it from medicare, not nearly good enough,
the fiscal cliff. that would allow tax rates to rise on everybody. then congress could come back after the new year and cut taxes on everyone but the wealthy. nbc's mike viqueira has the story. >> reporter: administration optimism for a deal. but only if republicans give in on raising rates for the wealthy. >> you think we'll get a deal by the end of the year? >> i do. the only thing that stands in the way of a deal right now is if a group of republican members decide they're...
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Nov 28, 2012
11/12
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KOFY
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is meeting with yahoo ceo marissa mayer talking about ways to avoid that year end fiscal cliff. the president said he hopes to have an agreement by christmas.k0ydx he's urging the public to pressure the congress through social media on twitter. >>> bay area small business owner met with the president yesterday to talk about this fiscal cliff, aurora is co-founder of an urban mushroom farm in oakland the farm was featured recently in "the chew." >>> congresswoman spwaoer introduced what she is calling her stop harming our kids resolution this morning on capitol hill. aimed at protecting minors from sexual orientation near i. the treatment -- therapy. critics call it junk science amountinging to psychological abuse. california is ahead of curve. governor brown signed a bill last month banning gay conversion therapy for minors. >>> supreme court is set to announce next week whether it will let prop 8 -- this morning -- [ unintelligible ] >>> still ahead, coverage of the storm continues, lisa argen will tell us next the -- when the next wave will hit. >>> here's a look from i-80 heavy rain east bay, break in the north bay, gusty winds and wind advisory next one to talk about, coming up. >>> plus, toxic c
is meeting with yahoo ceo marissa mayer talking about ways to avoid that year end fiscal cliff. the president said he hopes to have an agreement by christmas.k0ydx he's urging the public to pressure the congress through social media on twitter. >>> bay area small business owner met with the president yesterday to talk about this fiscal cliff, aurora is co-founder of an urban mushroom farm in oakland the farm was featured recently in "the chew." >>> congresswoman...
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Nov 28, 2012
11/12
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KGO
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end fiscal cliff. the president said he hopes to have an agreement by christmas.k0ydx he's urging the public to pressure the congress through social media on twitter. >>> bay area small business owner met with the president yesterday to talk about this fiscal cliff, aurora is co-founder of an urban mushroom farm in oakland the farm was featured recently in "the chew." >>> congresswoman spwaoer introduced what she is calling her stop harming our kids resolution this morning on capitol hill. aimed at protecting minors from sexual orientation near i. the treatment -- therapy. critics call it junk science amountinging to psychological abuse. california is ahead of curve. governor brown signed a bill last month banning gay conversion therapy for minors. >>> supreme court is set to announce next week whether it will let prop 8 -- this morning -- [ unintelligible ] >>> still ahead, coverage of the storm continues, lisa argen will tell us next the -- when the next wave will hit. >>> here's a look from i-80 heavy rain east bay, break in the north bay, gusty winds and wind advisory next one to talk about, coming up. >>> plus, toxic c
end fiscal cliff. the president said he hopes to have an agreement by christmas.k0ydx he's urging the public to pressure the congress through social media on twitter. >>> bay area small business owner met with the president yesterday to talk about this fiscal cliff, aurora is co-founder of an urban mushroom farm in oakland the farm was featured recently in "the chew." >>> congresswoman spwaoer introduced what she is calling her stop harming our kids resolution this...
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Dec 1, 2012
12/12
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KNTV
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people, too. so we're all worried about the fiscal cliff and it's the end of this year. then it all starts up again when we've got a new congress. is that congress going to do anything differently? >> i will tell you what's so disturbing about what happened over the past couple days. you can look at the clips of harry reid and dick durbin, who's actually been very responsible on a lot of fist calf issues, and you look at what the president says and jay carney, and then you look at what john boehner says at the press conference. this is what they did last year. you're saying i thought everybody was going to learn to work together after the re-election. it's the same thing we saw last year. we're probably going to see the same thing next year and it's distressing. >> it's risky business on both sides. they both really have a lot to lose if they can't get to a deal. >> minka and joe, thanks. you can catch "morning joe" week days at 6:00 a.m. >>> the freedom of one american jailed in cuba for years could depend on whether the u.s. and cuba will agree to a prisoner swap. >> reporter: cuba and the u.s. are locked in a cold war standoff t
people, too. so we're all worried about the fiscal cliff and it's the end of this year. then it all starts up again when we've got a new congress. is that congress going to do anything differently? >> i will tell you what's so disturbing about what happened over the past couple days. you can look at the clips of harry reid and dick durbin, who's actually been very responsible on a lot of fist calf issues, and you look at what the president says and jay carney, and then you look at what...
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Dec 1, 2012
12/12
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CSPAN
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: some that have expired that are part of the fiscal cliff package. they get much less attention than the bush tax cuts. they are part of the packet of decisions that congress has to make. host: we can go into debt but to highlight four -- let's start with the child tax credit. what is it? guest: this is a credit that applies to families, some that you can use if you make up to $130,000. it is they $1,000 credit for each child. unless congress acts, that 10000 tax credit will become $500, but becomes less valuable. you can make up to $130,000. host: that is the child tax credits. guest: almost 24 million families claimed it in 2009. it is one of the bigger tax credits out there. host: the next one would be the child and dependent care tax credit. guest: is a credit between 20% and a 30% and goes up to $3,000. it helps families with their expenses for child care or if they have dependents and things like that. you can basically claim a credit of $3,000. host: for child care purposes? guest: this helps with dependents. host: the earned income tax credit is what? guest: it is a credit whose primary recipients are working parents with children. this is something th
: some that have expired that are part of the fiscal cliff package. they get much less attention than the bush tax cuts. they are part of the packet of decisions that congress has to make. host: we can go into debt but to highlight four -- let's start with the child tax credit. what is it? guest: this is a credit that applies to families, some that you can use if you make up to $130,000. it is they $1,000 credit for each child. unless congress acts, that 10000 tax credit will become $500, but...
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Nov 30, 2012
11/12
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CNNW
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calling the fiscal cliff now and they're calling it the fiscal cliff because they don't want to e embrace either the tax increases or spending cuts and i think it's foolish to think this congress can come up with a better deal. >> you know what's interesting, to eric's point, there is a great irony in this that the democrats are saying we've got to raise taxes and the fiscal cliff does both. just not in the way anybody wants it, so if they can't do that, how are they going to find a way they can all agree on? >> the superfailed committee. this is a giant hatchet as opposed to a scalpel. >> it was designed to fail. >> i agree, but the real solution and real irony is going to be the ultimate deal's going to look like the obama boehner grand bargain that was negotiated and almost done in the summer of 2011. the fact that we couldn't make that deal then i think's a tragedy for the country. one of the thing's it did was lead to that aaa downgrading. that was unnecessary. >> let me just follow up on this point of what republicans should accept. you said you'd go back to the clinton era tax rates if you could get the spending that went with it. there are some in the republican party like
calling the fiscal cliff now and they're calling it the fiscal cliff because they don't want to e embrace either the tax increases or spending cuts and i think it's foolish to think this congress can come up with a better deal. >> you know what's interesting, to eric's point, there is a great irony in this that the democrats are saying we've got to raise taxes and the fiscal cliff does both. just not in the way anybody wants it, so if they can't do that, how are they going to find a way...
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Dec 3, 2012
12/12
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FOXNEWSW
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for a long time we have got leaders that though we can't go over the fiscal cliff and they have to get in a room and start talking. jon: as a watcher of washington, debbie, you've been telling spouses of medical members of congress, don't buy a turkey for instance. >> well, they can buy a ushg it can i but i warned them for weeks do not expect to see your spouses until christmas. i am one who think they will work between christmas and new year's. they do understand how serious this is. that's what they're elect to do, govern, e. jon: matt, what i've seen own sunday shows both sides are hardening. >> i worked for a president who faced challenges when he went into his re-election with hurricane katrina. what can happen at beginning of second term, we saw this with ronald reagan, we've seen it with so many presidents, their second terms seem to be a little bit of disappointment, don't live up to what they accomplish in the first term. one of the problems with president obama he rolled out of this election thinking he won the election, he can can set the terms of conversation. he needs to remember the republicans control the house of representatives. they understand their political fate is tied to working with the presiden
for a long time we have got leaders that though we can't go over the fiscal cliff and they have to get in a room and start talking. jon: as a watcher of washington, debbie, you've been telling spouses of medical members of congress, don't buy a turkey for instance. >> well, they can buy a ushg it can i but i warned them for weeks do not expect to see your spouses until christmas. i am one who think they will work between christmas and new year's. they do understand how serious this is....
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Nov 29, 2012
11/12
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FBC
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coming up dry. >>> how congress made fiscal cliff talks even more aggravating to you watch today. i didn't know how that was possible but they did it. one house leader has inside track you haven't heard though. we have new information. more "money" coming up. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. ...sorry about that. [ male announcer ] break from the holiday stress. fedex office. you know, one job or the other. the momentnt i could access the retirement plan, i just became firm about it -- you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps lock stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. relieving the pain quickly. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel
coming up dry. >>> how congress made fiscal cliff talks even more aggravating to you watch today. i didn't know how that was possible but they did it. one house leader has inside track you haven't heard though. we have new information. more "money" coming up. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. ...sorry about that. [ male announcer ] break from...
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president until the fiscal cliff is avoided. unlikely, but a reflection of voter frustration as both sides dig in. the white house demanding higher tax rates for the top two tax brackets and republicans refusing. after refusing the proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction mostly through spending cuts, and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> thank you. >> reporter: -- a senior white house official assailed it as a step backwards saying if republicans do not agree to some higher rates for wealthier taxpayers, the nation will go over the cliff and the american people will hold the republicans responsible. wall street remains optimistic a deal will be struck, so the lack of progress has not yet resulted in a market plunge, but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. and, diane, the official deadline for the fiscal cliff is december 31st at midnig
president until the fiscal cliff is avoided. unlikely, but a reflection of voter frustration as both sides dig in. the white house demanding higher tax rates for the top two tax brackets and republicans refusing. after refusing the proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction mostly through spending cuts, and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >>...
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Nov 29, 2012
11/12
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MSNBCW
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ground on the fiscal cliff? oklahoma's tom cole, a member of congress says the grand old party should take president obama's view, extend bush tax cuts for all but the top 2%. that's a sign some republicans may be open to higher rates for the rich. >>> is it possible negotiators could learn something from the most important movie out there right now "lincoln." doris kearns goodwin joins us. >>> let me finish with how lincoln outlawed slavery for good and how he did it using politics. this is "hardball," the place for politics. >>> how's this for irony? mitt romney has finally captured 47% of america. remember this video that sunk the romney campaign? >> there are 47% of the people who will vote for the president no matter what. 47% who are with him, who are dependent upon government, who believe they are victims, who believe the government has a responsibility to care for them. >> well, the cook report points out romney shared a popular vote of this country has fallen to, you guessed it, 47.4%. as expected to fall further, and settle at the 47 mark, exactly. we'll be right back. [ wom
ground on the fiscal cliff? oklahoma's tom cole, a member of congress says the grand old party should take president obama's view, extend bush tax cuts for all but the top 2%. that's a sign some republicans may be open to higher rates for the rich. >>> is it possible negotiators could learn something from the most important movie out there right now "lincoln." doris kearns goodwin joins us. >>> let me finish with how lincoln outlawed slavery for good and how he did...
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congress is doing nothing at all. the fiscal cliff already taking its toll. rich homeowners in the pants hamptons. millionaires are dumping digs at discount prices before capital-gains tax rates are expected to jump january 1st. for more let's bring in real estate mogul barbara corcoran, founder of the corcoran group. welcome back to the show. >> thank you, gerri. gerri: always great to have you here. do you think people out there dumping properties in advance of december 31st? >> first off, they don't have very much time left. it usually takes more than two or three weeks to sell a house. what is more the truth people are using it as excuse. i will get a great deal on my house only if you close by december 31st. doesn't really happen. gerri: it is a good negotiating tool. >> it is a good little trick a3 million house selling to a guy with $3 million to spend. guess what? he will not fall for a trick like that. -phe will negotiate hard like he always does. gerri: talk about one of those issues that has been at the margins of the conversation on the fiscal cliff. do we get rid of the mort
congress is doing nothing at all. the fiscal cliff already taking its toll. rich homeowners in the pants hamptons. millionaires are dumping digs at discount prices before capital-gains tax rates are expected to jump january 1st. for more let's bring in real estate mogul barbara corcoran, founder of the corcoran group. welcome back to the show. >> thank you, gerri. gerri: always great to have you here. do you think people out there dumping properties in advance of december 31st? >>...
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continues in washington between congress and the white house over the so-called fiscal cliff. this morning president obama will host some of the nation's governors to spread his message. the president wants to raise 1.6 trillion in revenue by increasing taxes on the top 2% of income earners. republicans counted with a 2.2 trillion dollar deficit reduction plan, 800 billion dollars in revenue, but didn't call for raising tax rates on wealthy. the proposal was quickly ejected with the white house. >>> new -- rejected by the white house. >>> new poll shows -- gallup asked americans to rate honesty and ethical standards car salesmen got lowest marks 8% marked them high or very high. congress is just above them, only 10% scored in the top two categories to be honest. journalists 24%. top of the rankings, nurses, 84% of americans gave them the highest marks and of course meteorologists right behind that >> i was going to say even though it is not darn -- not a 100% science -- [ talking over each other ] >> 100% science that has accuracy, a little less -- okay stop digging. [ talking over
continues in washington between congress and the white house over the so-called fiscal cliff. this morning president obama will host some of the nation's governors to spread his message. the president wants to raise 1.6 trillion in revenue by increasing taxes on the top 2% of income earners. republicans counted with a 2.2 trillion dollar deficit reduction plan, 800 billion dollars in revenue, but didn't call for raising tax rates on wealthy. the proposal was quickly ejected with the white...
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Nov 29, 2012
11/12
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FBC
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following word of progress in congre's fiscal cliff negotiations. yeah, i will believe it when i see it. after tumbling in early trading the dow rebounded more than 200 points, closing up 10 points. see what happens when congress stops screwing things up? i don't know. we'll see. >>> disney joining a wave of companies increasing their annual stock dividend. the company will raise the stock cash payout by 25% to 75 cents a share. disney is trading up slightly of a hours on the news. >>> shares of costco leaped more than 6%. the company beat expectations for november same-store sales and announced it will pay out a special stock dividend, $7 per share. >>> now to our top story night t could be a total game-changer for pensions and municipal creditors. thenation's biggest public employee pension fund, calpers, is preparing to sue the bankrupt city of san bernardino, california, since that city stopped making payments to the pension fund. calpers says the city already owes the fund almost $7 million since filing for bankruptcy in august, on august 1st. now this is a first. i got to tell you. no city has ever halted payments to call percent. what could it mean? will other cities follow suit? with me the former governor a
following word of progress in congre's fiscal cliff negotiations. yeah, i will believe it when i see it. after tumbling in early trading the dow rebounded more than 200 points, closing up 10 points. see what happens when congress stops screwing things up? i don't know. we'll see. >>> disney joining a wave of companies increasing their annual stock dividend. the company will raise the stock cash payout by 25% to 75 cents a share. disney is trading up slightly of a hours on the news....
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Nov 30, 2012
11/12
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KNTV
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guys. if congress does nothing, the u.s. could go off a so-called fiscal cliff that could cause another worldwide financial collapse like the one in 2008. congress had a lot of questions about this scenario, like, "what do you mean if we do nothing?" [ laughter ] it's pretty scary. and i don't even really know what a fiscal cliff is, but luckily, we have someone who can make it easier to understand. here to explain it is fiscal cliff huxtable. >> the fiscal cliff is a conundrum that the u.s. government will face at the end of 2012. the pudding in the -- [ cheers and applause ] >> jimmy: i still don't -- i still don't know. guys, we've got a big show. we have "twilight" star robert pattinson on the show tonight. [ cheers and applause ] calm down, ladies, or i will show that picture of karl rove one more time. [ laughter ] i'm threatening. everybody's really excited that robert pattinson is here. in fact, backstage, i asked him to sign a "twilight" poster for my niece. and her name is jimmy. [ laughter ] isn't that weird? [ applause ] and, finally, google just launched a new service called free zone that will help millions of people in developing coun
guys. if congress does nothing, the u.s. could go off a so-called fiscal cliff that could cause another worldwide financial collapse like the one in 2008. congress had a lot of questions about this scenario, like, "what do you mean if we do nothing?" [ laughter ] it's pretty scary. and i don't even really know what a fiscal cliff is, but luckily, we have someone who can make it easier to understand. here to explain it is fiscal cliff huxtable. >> the fiscal cliff is a conundrum...
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Dec 3, 2012
12/12
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KRON
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the estimated $19.6 billion spent on hurricane katrina. >> 28 days until the fiscal cliff that will kick in if congress does not act. president obama and republicans seem to be playing a game of political chicken right now. the president's proposal as 1.6 trillion in hired taxers over the next couple of years. he proposes a tax cuts and stimulating spending to stimulate the economy. the two sides may try to come together. waiting for a chance to dry out here. a lot of clouds and traffic. 50 degrees in san francisco and a high in the upper 50s. >> watching flood levels this morning on bay area rivers as many are staying in their banks. we did have some flooding. the napa river reached flood stage yesterday afternoon. mayor to clean up in lafayette with the sinkhole and excavator is on this and not picking up debris. >> we get a dry day today but not for a long >> we should expect them rally later on tomorrow in the evening hours. it will pick up in intensity wednesday morning. tomorrow will be a -- today will be a dry day in the bay area. a cold start to the morning and low '40's for napa fairfield and 50 ou
the estimated $19.6 billion spent on hurricane katrina. >> 28 days until the fiscal cliff that will kick in if congress does not act. president obama and republicans seem to be playing a game of political chicken right now. the president's proposal as 1.6 trillion in hired taxers over the next couple of years. he proposes a tax cuts and stimulating spending to stimulate the economy. the two sides may try to come together. waiting for a chance to dry out here. a lot of clouds and traffic....
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Nov 29, 2012
11/12
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MSNBCW
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possibly be described as a deeply informed about the fiscal cliff because i've been working on the book rather than other things. i feel i'm an interested citizen who does feel that people are ahead of congress and it's very difficult for me to believe that congress isn't going to catch up. it probably is going to be messy. but i think if we don't avoid the fiscal cliff, we might go over in small ways and that might be all right. but i do believe we're going to get through this crisis somehow because it just can't be allowed to happen. >> one of the things that your friend and colleague warren buffett proposed, which is getting traction here, a minimum tax on the superrich. >> right. >> which would get around the whole fact that they pay, he said he paid something like 16%, we know mitt romney was in the 14% area, because of capital gains, other ways of getting legal ways of course of taking advantage of the tax code if you're not salaried. >> right. >> that is a -- one measure. what do you think the importance is from your deep knowledge of the business community of having some certainty going forward on the tax side? >> i'm inclined to think that that is overstated and that a reasonable amount
possibly be described as a deeply informed about the fiscal cliff because i've been working on the book rather than other things. i feel i'm an interested citizen who does feel that people are ahead of congress and it's very difficult for me to believe that congress isn't going to catch up. it probably is going to be messy. but i think if we don't avoid the fiscal cliff, we might go over in small ways and that might be all right. but i do believe we're going to get through this crisis somehow...
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Nov 28, 2012
11/12
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CNNW
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should deal with the fiscal cliff crisis now, but tackle entitlements, the entitlement questions, later. yesterday, senator lamar alexander said the only thing the president has to do to get an agreement from republicans now is in his words, propose a reasonable way, a reasonable way to control entitlement spending. so is this a catch 22? who bends here? >> i don't expect us to have entitlement reform before december 31st. this is too technical, too important. let's do it right. but i do believe and i said it, any long term deficit reduction will require entitlement reform for one simple reason. medicare untouched, unchanged, runs out of money in 12 years. we need to take a hard look at it to find ways to preserve this important program, have savings that don't hurt the beneficiaries, and actually do reduce the deficit in the process. >> what about those republican critics, senator, who say it's not possible to make any real progress without -- on spending, shall we say, without seriously addressing the medicare, the medicaid, maybe even the social security entitlement program an
should deal with the fiscal cliff crisis now, but tackle entitlements, the entitlement questions, later. yesterday, senator lamar alexander said the only thing the president has to do to get an agreement from republicans now is in his words, propose a reasonable way, a reasonable way to control entitlement spending. so is this a catch 22? who bends here? >> i don't expect us to have entitlement reform before december 31st. this is too technical, too important. let's do it right. but i do...
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Dec 5, 2012
12/12
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WJLA
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americans have been put on notice, as we approach that fiscal cliff, just 27 days away. people already having trouble finding a job are receiving a letter of warning about something to happen to them if congress can't make a deal. and abc's jonathan karl has that. >> reporter: melinda vega has been put on notice. if congress and the president don't get their act together, her unemployment checks will stop immediately at the end of the year. >> we're dependent on that money to pay our bills. >> reporter: she's been without a job for a year. her $450 a week unemployment check, her lifeline. >> we won't be able to pay some of our bills and, i mean, you know, that's for christmas and things of that nature, probably off the table. >> reporter: she's not alone. without a deal, unemployment compensation will end for more than 2 million people who've been out of work for more than 26 weeks. many of the unemployed started receiving the news this week from pre-recorded phone calls, like this one in washington state. >> emergency unemployment compensation shuts off at the end of december unless congress votes to extend the program. >> reporter: and, of course, going off the so-called fiscal cliff means a tax
americans have been put on notice, as we approach that fiscal cliff, just 27 days away. people already having trouble finding a job are receiving a letter of warning about something to happen to them if congress can't make a deal. and abc's jonathan karl has that. >> reporter: melinda vega has been put on notice. if congress and the president don't get their act together, her unemployment checks will stop immediately at the end of the year. >> we're dependent on that money to pay...
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Dec 6, 2012
12/12
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about the fiscal cliff. members of the group delivered teddy bears to lawmakers saying that, quote, can't bear more than their fair share. they say congress needs to add tresz the so-called fiscal cliff before scheduled tax sxhieks spending cuts go into effect. one berkeley mother was among those in washington. >> like many families, i don't have any other place to cut right now so we're here to stand up and make sure that our voices are heard. >> the group also delivered signed petitions urging congress to end the bush tax cuts for the wealthy. >>> representatives from huns of charities have descended on capitol hill in an effort to dlsh there has been talk of capping the deduction but nonprofit leaders say they're afraid if the government limits the deduction people would drastically cut back on their donation. >> that means there will be less opportunity for people to be fed. there will be less nights of care provided for those who are homeless. there will be less service for disaster situations. >> some republican pros pose limiting all itemized tax deductions, but president obama wants to increase tax rates for the wealthiest 2% of america
about the fiscal cliff. members of the group delivered teddy bears to lawmakers saying that, quote, can't bear more than their fair share. they say congress needs to add tresz the so-called fiscal cliff before scheduled tax sxhieks spending cuts go into effect. one berkeley mother was among those in washington. >> like many families, i don't have any other place to cut right now so we're here to stand up and make sure that our voices are heard. >> the group also delivered signed...
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Nov 29, 2012
11/12
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MSNBCW
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more than just sort that he has the ability to go over the fiscal cliff, allow sort of the 113th congress to convene. that congress will certainly continue to have a republican majority but also a greater influence of the democratic party, and a lesser influence of the tea party coalition within the republican party, and once that 113th convenes the president can institute obama tax cuts, and sort of dare the republican party not to vote for, you know, a new round of obama tax cuts. politically the president holds those but it's more important than that. the american people, after looking at options presented to them reclearly with a return of president obama to the white house, or initiating mitt romney presidency, chose a return of president obama to the white house and therefore gave him a very clear mandate to hold the line on the question of entitlements there when it comes to talking about entitlements, or earned benefits as progressives like to refer to it, what is the way that the president and those on the left can look and also appear to the right to be willing to compromise? what
more than just sort that he has the ability to go over the fiscal cliff, allow sort of the 113th congress to convene. that congress will certainly continue to have a republican majority but also a greater influence of the democratic party, and a lesser influence of the tea party coalition within the republican party, and once that 113th convenes the president can institute obama tax cuts, and sort of dare the republican party not to vote for, you know, a new round of obama tax cuts....
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Nov 30, 2012
11/12
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CNBC
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, it's the reddest of all. >> among the top leaders of congress involved in fiscal cliff negotiations, the one facing the most home state pressure may be senate republican leader mitch mcconnell. he faces re-election in kentucky, a state where the tea party movement is alive and well. president obama may have won this election but two years ago leaders of the tea party movement elected ron paul's son rand as kentucky senator over an establishment republican. one leader of that movement who runs a high-end audio equipment business says they could do the same thing in 2014, and this time take out mitch mcconnell if he agrees to raise taxes. >> we shall not raise taxes in this country. we do not have a revenue problem. i would like senator mcconnell to recognize that the washington leaders are like a bunch of crack addicts. they need evermore money for evermore growing government and it is at the expense of the ordinary citizen that they pursue these policies. >> reporter: but the brighter those lines are drawn, the harder it will be to get a deal. owen williams worked more
, it's the reddest of all. >> among the top leaders of congress involved in fiscal cliff negotiations, the one facing the most home state pressure may be senate republican leader mitch mcconnell. he faces re-election in kentucky, a state where the tea party movement is alive and well. president obama may have won this election but two years ago leaders of the tea party movement elected ron paul's son rand as kentucky senator over an establishment republican. one leader of that movement...
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Nov 30, 2012
11/12
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KPIX
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serious offer from republicans. >> the american people want us to avoid the "fiscal cliff" with a balanced approach. >> reporter: geithner is here in the halls of congress trying to clear some big hurdles with republicans. once a deal is closer president obama will take over the talks. so far independent senator joe lieberman is not encouraged. >> if we go over the cliff it's going to send the country back into recession. >> reporter: vice president joe biden stopped by a washington, d.c. costco thursday to help the white house's public campaign for a deal. >> consumer confidence is growing. the last thing we need to do is dash that now by being unable to extend middle class tax cuts. >> reporter: the vice president said if those tax cuts aren't extended, the average american family stands to lose $2,200 next year. danielle nottingham, cbs news, washington. >>> talk about a power lunch. president obama and mitt romney met privately at the white house to have lunch. their first face-to-face meeting since the campaign debate. aides say the president wanted to discuss romney's ideas for making government run more smoothly. >> somebody with governor romney's exper
serious offer from republicans. >> the american people want us to avoid the "fiscal cliff" with a balanced approach. >> reporter: geithner is here in the halls of congress trying to clear some big hurdles with republicans. once a deal is closer president obama will take over the talks. so far independent senator joe lieberman is not encouraged. >> if we go over the cliff it's going to send the country back into recession. >> reporter: vice president joe biden...
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Nov 29, 2012
11/12
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to avoid the fiscal cliff by christmas. invest fors apparently shared his optimism and stocks closed higher. congress must reach a compromise on the deficit reduction plan by the end of the year. otherwise, tax hikes will automatically kick in. >>> talk about a power lunch. president obama and mitt romney, who will dine at the white house together tomorrow afternoon. this will be the first time they have met since their final debate. the meeting will be private. no aids and no media. >>> armed with guns and sledgehammers, the daring bay area jewelry heist that took 75 seconds to pull off. >>> well, that and $7 will get you a cup of coffee. what's so special about starbucks' new brew? >>> a $580 million jackpot is up for grabs tonight. now california wants in on the action. how soon until you can play powerball? ,, sledgehammers, hit a bay ara jewelry store. it happened in los gatos. c5 reporter kiet >>> they were in and out in a flash. two thieves waving guns and sledgehammers hit a bay area jewelry store. it happened in los gatos. kiet do shows us just how quickly they struck. >> reporter: for employees
to avoid the fiscal cliff by christmas. invest fors apparently shared his optimism and stocks closed higher. congress must reach a compromise on the deficit reduction plan by the end of the year. otherwise, tax hikes will automatically kick in. >>> talk about a power lunch. president obama and mitt romney, who will dine at the white house together tomorrow afternoon. this will be the first time they have met since their final debate. the meeting will be private. no aids and no media....
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Dec 2, 2012
12/12
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CNNW
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congress and the white house tomorrow, making head way on the fiscal cliff. and stopping automatic spending cuts and instant tax hikes from hitting every american. negotiations between the who is and congress has stalled, john boehner calling it a stalemate. there are 30 days to go. charles, draw me a picture, how does this end? is staking out their positions, and really coming and enjoying the ring around the area where they are lease protecting where they want to advance, so the presidents and the democrats are basically outlining the increased revenue side of the spectrum. and the republicans are looking at it and saying come to the table and tell us what you're going to do in terms of cutting entitlements and spending. so both of them are now at this phase where it looks like they're at lagger heads. i happen to believe that we don't know what's happening behind the scenes. some of this can just be political posturing, we don't know the discussions that are being had in private and no one wants to be the person who blinks first. the president and democrats say we won, why should we blink first. and boehner is trying to protect his job. he has to keep his promise in congress. and that is go
congress and the white house tomorrow, making head way on the fiscal cliff. and stopping automatic spending cuts and instant tax hikes from hitting every american. negotiations between the who is and congress has stalled, john boehner calling it a stalemate. there are 30 days to go. charles, draw me a picture, how does this end? is staking out their positions, and really coming and enjoying the ring around the area where they are lease protecting where they want to advance, so the presidents...
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Dec 5, 2012
12/12
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: we turn tonight to other opinions on the fiscal cliff impasse. we talk with the chairman of the national governor's association, and we also hear from a leading advocate for responsible fiscal policy. we begin with governor jack markell, the democrat from delaware. he was one of six governors meeting with president obama today to talk about how the fiscal cliff impacts their states. i asked him what was his message to the president. >> our message was pretty straightforward. we believe that it is important that governors have a seat at the table as the president and leaders in coness are negotiating issues around the fiscal cliff. we think it is really important that they get something done because, obviously, if tax rates go up on middle-class americans come next month, it will be bad for those middle-class americans, it is will be bad for our states, and we're concerned about both the fiscal side and the economic growth side. >> susie: so talk to us a little bit about what kind of deal you would like to see. what were you proposing to the president? >> let's put it this way, i
: we turn tonight to other opinions on the fiscal cliff impasse. we talk with the chairman of the national governor's association, and we also hear from a leading advocate for responsible fiscal policy. we begin with governor jack markell, the democrat from delaware. he was one of six governors meeting with president obama today to talk about how the fiscal cliff impacts their states. i asked him what was his message to the president. >> our message was pretty straightforward. we believe...
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Nov 28, 2012
11/12
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the fiscal cliff, and then after the new congress comes in, we address a compromise of long-term solutions. >> everyone seems to want to focus on the tax hikes first and talk about spending cuts later. will that work? >> no. you really have to -- we can't keep kicking the can down the road. we have to have more certainty for business. we want to get the economy going. we want to create jobs in the country. we want to preserve a prosperous united states for the next generation. i'm here speaking as an american, not simply as a ceo. if you care about your country, we have to stop kicking the can down the road and have more certainty and a framework that embraces both expense because you're going to reduce expenses by $3 for every dollar of revenue you raise if you embrace a bowles/simpson type solution. >> but that's optimistic. they're now talking one to one. it seems like people have even given up on that number. >> i don't believe they've given up on that number. our president during the election, he himself embraced the three to one notion and referenced bowles/simpson. i think
the fiscal cliff, and then after the new congress comes in, we address a compromise of long-term solutions. >> everyone seems to want to focus on the tax hikes first and talk about spending cuts later. will that work? >> no. you really have to -- we can't keep kicking the can down the road. we have to have more certainty for business. we want to get the economy going. we want to create jobs in the country. we want to preserve a prosperous united states for the next generation. i'm...
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Nov 29, 2012
11/12
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the results of the fiscal cliff. the president surrounded himself with people who he said were middle class americans. if congress does nothing, a series of automatic spending cuts and tax hikes will take in effect in january. the president want to raise income taxes on those who make more than $250,000 a year. republicans don't want to do it and reduce spending cuts. >>> president urges americans to use social media, especially twitter. they introduced the hash tag, my 2k, including my $2 k. how much more each middle class family would pay without congressional action. >> my 2k and e-mail, post office, member of the congress, do what it takes to communicate a sense of urgency. >> republicans are embracing the my 2k hash tag. they are using it to make points against the president's plan. >>> the police standoff is enteringit fifth hour after an animal control officer was shot and killed, helping to evict a man from the northern california home this afternoon. it's happening in the city, 20 miles south of sacramento. reporter mel linda mesa, where officers still haven't made contact with the suspected gunman, melinda.
the results of the fiscal cliff. the president surrounded himself with people who he said were middle class americans. if congress does nothing, a series of automatic spending cuts and tax hikes will take in effect in january. the president want to raise income taxes on those who make more than $250,000 a year. republicans don't want to do it and reduce spending cuts. >>> president urges americans to use social media, especially twitter. they introduced the hash tag, my 2k, including...
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Dec 5, 2012
12/12
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KRON
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in just a bit. >> the president and lawmakers only have 28 days before the fiscal cliff. there is not enough time to make a comprehensive deal including tax reform and fixing medicare. he wants congress to do a downpayment toward freezing tax regs for the wealthy and putting off a hard work until the beginning of the new year. however, he has to win over the republicans to make that happen. president obama hit with some tough questions surrounding the fiscal cliff negotiations. and it all surrounds talks boener... or lack there of! news. >> the president and lawmakers have only 28 days now.. to make some kind of deal before the country hits the so-called fiscal cliff. president obama says, there isn't enough time to do a comprehensive deal including tax reform and fixing medicare. so he wants congress to do a down payment by raising tax rates for the wealthy "now"... and putting off the hard work until next year. but, as jessica yellin reports, he has to win over the republicans to make that happen. what does president obama think of speaker boehner's proposal to avert the fiscal cliff? >> "unfortunately, the speaker's proposal right now is still out of balance he talks, for example, ab
in just a bit. >> the president and lawmakers only have 28 days before the fiscal cliff. there is not enough time to make a comprehensive deal including tax reform and fixing medicare. he wants congress to do a downpayment toward freezing tax regs for the wealthy and putting off a hard work until the beginning of the new year. however, he has to win over the republicans to make that happen. president obama hit with some tough questions surrounding the fiscal cliff negotiations. and it...
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Nov 28, 2012
11/12
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pennsylvania, to a toy manufacture there, talkinging about how do we avoid the fiscal cliff. spending cuts and tax increases that go into effect at the end of this year in congress does nothing right now, behind the scenes. the negotiations, not a lot to report. >> tracie pots, thank you very much. >>> checking on that rain. 5:43. the first of the storms rolling in. certainly packing a punch. we have a team in place watching the sky and roads for you. how's it looking there? >> good morning. so far, so good, for one of the most dangerous highways in the entire state of california. traffic is starting to pick up as we approach the 6:00 hour. traffic heading over the hill into san jose. northbound 17 is picking up. but no problems to report. i've been checking with chp throughout the morning. so far, so good for their patrol cars. the wind is more of a problem atop the summit. we're about 1,800 feet up and the wind is picking up from time to time but still not too bad. not too bad but gusts expected between 30 to 40 miles an hour. what does this mean for you? if you have a high-profile vehicle, we're talking about suvs, tractor trailers. definitely hold on tight with b
pennsylvania, to a toy manufacture there, talkinging about how do we avoid the fiscal cliff. spending cuts and tax increases that go into effect at the end of this year in congress does nothing right now, behind the scenes. the negotiations, not a lot to report. >> tracie pots, thank you very much. >>> checking on that rain. 5:43. the first of the storms rolling in. certainly packing a punch. we have a team in place watching the sky and roads for you. how's it looking there?...
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Nov 29, 2012
11/12
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coming days and in the coming year. julie rovner, let's start with all the fiscal cliff. where does health policy, health care fit into this if at all. guest: well, obviously, there's nothing about the fiscal cliff that particularly impacts the health's law. we do know that starting january 1, if congress does not act, there are these automatic cuts that take effect. medicare is impacted only slightly. there would be 2% cut to payments to providers, not to beneficiaries. medicaid is excluded. however, also on january 1, this is not part of this whole sequester piece, there is is problem of medicare physician fees is sort of the perennial problem and this also happens to expire in conjunction with everything else that happens on january 1. there would be a 27% cut to doctor payments under medicare, something congress continues to not let happen. but they have to find several billion dollars, or if they want to make it go away for good, several hundred billion dollars to fix that problem. there are a lot of health related issues involved in these negotiations. there are a lot of people, lot of republicans who would like to bring the health care law into the negotiations of what happens with the fiscal cliff. they would like to do something as they always talk about entitlement reform. they wo
coming days and in the coming year. julie rovner, let's start with all the fiscal cliff. where does health policy, health care fit into this if at all. guest: well, obviously, there's nothing about the fiscal cliff that particularly impacts the health's law. we do know that starting january 1, if congress does not act, there are these automatic cuts that take effect. medicare is impacted only slightly. there would be 2% cut to payments to providers, not to beneficiaries. medicaid is excluded....
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Nov 30, 2012
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would be impacted of congress did not act on the fiscal cliff. washington general is live at 7:00 eastern on c-span. >> at the end of world war ii, we had 12 million men under arms. today we have 1000 generals and 1.2 million under arms. we almost have an admiral forever ship in the navy. what we have done is gone through and look at areas where we could not necessarily save all of the money but transfer of responsibilities out of the pentagon and consolidate programs and save a significant amount of money. >> this weekend you can talk with tom coburn of the future of the republican party on and depth. live sunday at noon eastern on but tv. >> the program began, one of the of as as to president franklin roosevelt. to document the conditions under which people were living. this was when we did not have television. a lot of places did not have electricity said it could not listen to the radio broadcast to find out what was going on and other parts of the country. an economist from columbia, he is the head of this project. they sent from to have his photographers try out and see what
would be impacted of congress did not act on the fiscal cliff. washington general is live at 7:00 eastern on c-span. >> at the end of world war ii, we had 12 million men under arms. today we have 1000 generals and 1.2 million under arms. we almost have an admiral forever ship in the navy. what we have done is gone through and look at areas where we could not necessarily save all of the money but transfer of responsibilities out of the pentagon and consolidate programs and save a...
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Nov 30, 2012
11/12
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avoiding the fiscal cliff and also his treasury secretary as well going up on the hill talking to members of congress essentially putting forward his plan that would require tax hikes for the wealthiest americans. it is something that republicans are not pleased with. we expect republicans' response very soon. we're iffing to bring that to you live. if you would like to continue listening to the speech, go to cmn.com/live and continue to listen to the president. up next we are also focussing on another story. each year thousands of young british girls lured into a world of sex abuse. we're going to take a look at how predators, they're using gifts, alcohol, social media to gain the trust of their victims. [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male ann
avoiding the fiscal cliff and also his treasury secretary as well going up on the hill talking to members of congress essentially putting forward his plan that would require tax hikes for the wealthiest americans. it is something that republicans are not pleased with. we expect republicans' response very soon. we're iffing to bring that to you live. if you would like to continue listening to the speech, go to cmn.com/live and continue to listen to the president. up next we are also focussing...
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Nov 28, 2012
11/12
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looming fiscal cliff. they are saying taxes will go up if congress does not act. >>> still on the scene of a fire that may have been intentionally started inside a classroom at alameda high school. brian flores joins us with more on why the fire was considered suspicious. >> reporter: it looks like police investigators are here now continuing to gather any evidence they can from this suspicious early morning fires. now let's go to video we shot earlier this morning. according to investigators, the fire started roughly around 3:00 a.m. this morning and one of the classrooms had flames coming out of it from a nearby window and they quickly put it out but what they found was one of the windows was opened and it leads officials to believe it is suspicious in nature. >> we had a fire alarm at the alameda high school and we came here and found a fire and put the fire out and the fire is suspicious in nature. >> reporter: now in terms of damage several books were burned and a window was damaged. police believe there may have been smaller fires but police investigators are here piecing th
looming fiscal cliff. they are saying taxes will go up if congress does not act. >>> still on the scene of a fire that may have been intentionally started inside a classroom at alameda high school. brian flores joins us with more on why the fire was considered suspicious. >> reporter: it looks like police investigators are here now continuing to gather any evidence they can from this suspicious early morning fires. now let's go to video we shot earlier this morning. according to...
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is. norman ornstein will tell us more about how it's being proposed and more on the fiscal cliff, specifically atx pyring tax credits that will affect families and businesses. to get you set up for our next segment on the filibuster rule, these are proposals that will take place in the next congress. minority leader mitch mcconnell debated this. here's a bit of that debate. >> mr. president, we believe that there should be one aspect of the change that is that it should be a non-debatable motion of proceeding. simple as that. the american people -- only ones who disagree that think this senate is working well are the republican leader and those republicans in congress. >> to the republican lead center >> yes. i hope the majority leader will stay on the floor here. i gather the way he proposes to affect this rule change is to deal with the simple majority. you didn't address that issue. >> but of course. >> well, -- >> that statement is untrue, and i don't accept that. >> mr. president, i believe i have the floor. that's the point. what the majority leader is saying he will break the rules of the senate in order to change the rules of the senate. it had been the case in the past that it took a super majority of 67, which of course meant that most rule changes occurred because two leaders ag
is. norman ornstein will tell us more about how it's being proposed and more on the fiscal cliff, specifically atx pyring tax credits that will affect families and businesses. to get you set up for our next segment on the filibuster rule, these are proposals that will take place in the next congress. minority leader mitch mcconnell debated this. here's a bit of that debate. >> mr. president, we believe that there should be one aspect of the change that is that it should be a...
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Nov 29, 2012
11/12
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-span2. >> the authors of the simpson- bowles debt reduction plan talk about the fiscal cliff and choices facing congress. both alan simpson and erskine bowles have emphasized the need for revenue increases and entitlement reform. they have urged congress to reach a compromise. this is hosted by the "christian science monitor." >> here we go. our guests this morning are erskine bowles and senator alan simpson, co-chairmen of the national commission on fiscal responsibility and reform and co-founders of the campaign to fix the debt, or as the "new york times" called them this morning, the debt duo. their last joint appearance with us was in november of 2010. let me thank them both for coming back. we are all trying to fix the nation's fiscal woes. erskine bowles is president emeritus of the university of north carolina. he also had a career in investment banking and venture capital. he came to washington in 1993 service director of the small business administration and was later named chief of staff to president clinton. alan simpson followed his father's footsteps into politics -- a u.s. senator. a law degree
-span2. >> the authors of the simpson- bowles debt reduction plan talk about the fiscal cliff and choices facing congress. both alan simpson and erskine bowles have emphasized the need for revenue increases and entitlement reform. they have urged congress to reach a compromise. this is hosted by the "christian science monitor." >> here we go. our guests this morning are erskine bowles and senator alan simpson, co-chairmen of the national commission on fiscal responsibility...
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